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From the early days when you started out as a reformed horse drawn carraige corp by entrepreneur; Mr. William C. Durant back in Flint, MI, 1908, to the modern age brands of Hummers, Saabs, Cadillacs, Buicks, Pontiacs (classic), Chevrolets, GMCs, and (LMAO) Daewoos....

What has gone wrong???

People are losing jobs across the world, Dealerships shutting down, Investors losing money, your various brands are to be dropped and are losing value, Uncle Sam own's more than half your arse (60%), and Toyota has overtaken you in terms as the largest automaker in the land.......

You; General Motors; are and is the lifeblood of the American way,
you run and help stabilize not only ours but the global economy as well.

Why has such a powerful, influential, once dynamic, prosperous company as yourself allowed such a filing of Chapter 11 to come to pass?

They deserved it. American car companies have been making they cars they wanted to for too long, without ever paying attention to the demands of the consumer market. When gas prices went insane in the 70s, they were clueless as to why people were buying Toyotas while they made bigger, more gas-hungry vehicles. Now they wonder why people are buying imports.

the unions destroyed the company. Workers getting 28.00 with no education. And health benefits for spouses forever. get rid of the unions!

Great Post! i agree on everything

Quote:

Originally Posted by op89x

They deserved it. American car companies have been making they cars they wanted to for too long, without ever paying attention to the demands of the consumer market. When gas prices went insane in the 70s, they were clueless as to why people were buying Toyotas while they made bigger, more gas-hungry vehicles. Now they wonder why people are buying imports.

Farewell GM, you won't be missed.

Many people did want bigger cars. Weather SUV's for multiple purposes, a pick-up to tow crap around, or bigger cars that are more safer.
So, these cars were in demand, and still are. But gas prices did change the number.

Its scary how the government is in control of GM (even though it already seemed like it since the bailouts).
How is this going to turn out? The government, which makes the rules and regulations, controlling a major car company. How are competitors going to compete?
But, knowing how ineffective government runs, they'll manage to screw this up too.